Background*

Mr. John Sherman, Jr., served as President and Chief Executive Officer of Scott & Stringfellow, Inc. Mr. Sherman served as the Chief Executive Officer and President of Scott & Stringfellow Financial Inc., from January 1996 to August 28, 2002. Prior to that, Mr. Sherman served as an Executive Vice President and Chief Operating Officer during 1995, Senior Vice President for Branch Administration from 1993 to 1995, and Branch Manager of the Kinston, N.C. office from 1988, ... upon joining Scott & Stringfellow Financial Inc., until 1993. Previously, he served as the Chief Executive Officer and President of Albemarle Corp. and was instrumental in leading a merger with BB&T, a major financial holding company Operating the 11th largest bank in the U.S. Mr. Sherman’s professional affiliations included Wheat First Securities (now Wells Fargo Advisors) and Wachovia Bank. He has been Vice Chairman of Scott & Stringfellow Financial Inc. since August 28, 2002. He served as Vice Chairman of Scott & Stringfellow, Inc., a brokerage and investment firm from September 1, 2002 to December 31, 2005. He has been a Director of Scott & Stringfellow Financial Inc. since 1995. He has been an Independent Director of Albemarle Corporation since September 24, 2003. Mr. Sherman serves as a Director of Miller Center Foundation and VCU Health System. He is He served as a Director of WellPoint Inc. since 2002. He served as a Director of Anthem Southeast, Inc. from 2000 until its merger with Anthem Inc. in July 2002. He served as a Director of Anthem Insurance, a subsidiary of Anthem Inc., from 2002 to May 2003. He is also a Civic Leader in a number of National and Regional Organizations including Virginia Commonwealth University's School of Engineering, Virginia Performing Arts Foundation and the United Way of Greater Richmond. Mr. Sherman received his B.A. degree in British Literature from Princeton University and his M.B.A. from The Darden School, University of Virginia.

COMPETITOR COMPENSATION

Group Chief Executive, Executive Director, Chairman of Group Executive Committee, Member of Nomination Committee, Member of Routine Business Committee, Member of Group Safety, Health & Environment Steering Committee, Member of Finance Committee and Member of Risk Management CommitteeCroda International plc

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